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20/05/2015 00:22 AST
Al Omaniya Financial Services has expressed its interest in participating in the bidding process for a possible merger with or acquisition of United Finance Company.
In a disclosure filed on the website of the Muscat Securities Market on Tuesday, United Finance Company announced that it has received an official communication from Al Omaniya Financial Services confirming their interest.
"The matter is receiving the board's attention and further announcement in this regard shall be made in due course, if there is any development," said the company said in a disclosure statement.
In a disclosure on Monday, Salim Al Awadi, acting chief executive officer of Al Omaniya, stated that the company had replied to United Finance Company with a letter dated May 18 confirming its interest to participate in the bidding process.
The company had received a letter dated May 12 from United Finance requesting confirmation of its interest.
Times of Oman
27/03/2025
Al Omaniya Financial Services announced that its net profit grew by 11.5% year-on-year to RO3.569mn for the year ended December 31, 2024, compared to the RO3.201mn net profit reported for 2023.
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Muscat Daily
10/11/2015
Moody's Investors Service has reaffirmed the Global Scale Rating of Al Omaniya Financial Services (AOFS), the Omani non-banking financial services company said in a statement. The company has been as
Oman Daily Observer
25/03/2015
The shareholders of Al Omaniya Financial Services SAOG, Oman's largest non-banking financial institution, have approved the audited financial statements of the company, as well as a dividend of 25 pe
Oman Daily Observer
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17/04/2025
The Zain Group Annual General Meeting (AGM) was held at the Zain Group's headquarters in Kuwait, attended with a quorum of 79.2% of shareholders whereby they were presented with the Zain Group's 2024
Kuwait Times
17/04/2025
Al Meera Consumer Goods Company is strengthening efforts to digitise platforms and expand self-checkout as part of its continued strategies to improve services to customers.
"Looking towards
Gulf Times
16/04/2025
Commercial Bank, a leader in innovative digital banking solutions in Qatar, in collaboration with Microsoft, hosted the first DHL4SMEs workshop on digital and financial strategies for SMEs at Commerc
The Peninsula
16/04/2025
Dukhan Bank announced the names of the most recent round of draw winners for Thara'a, its Shariah compliant savings account, at the Bank's headquarters.
The draw was conducted under the supe
The Peninsula
16/04/2025
Bank Muscat, the largest financial institution in Oman, reported a net profit of RO58.56mn for the first quarter of 2025, compared to RO54.24mn reported during the same period in 2024, reflecting a y
Muscat Daily
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